City Report · CO

Castle Pines

Pop. 4,436·12th most expensive in Colorado·Castle Pines rents have dropped 16.8%, currently a renter's market
Median rent (all units)
$2,603/mo
Year-over-Year
-16.8%
Month-over-Month
-8.3%
vs US Median
+$638
Falling (Monthly)
Be the first to discuss Castle Pines rents
Most AffordableMost Expensive
Castle Pines · $2,603
More expensive than 82% of US cities · National median $1,965/mo
Affordability
16% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,603/mo, rent takes about 16% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$104,000/yr
Local median income
$191,229/yr
Based on the 30%-of-income rule using Castle Pines's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,820
1 BR
$1,990
2 BR
$2,380
3 BR
$3,110
4 BR+
$3,480
Research median
$2,380/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$31,236/yr
At $2,603/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 16.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-16.8% YoY, -8.3% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Castle Pines, CO is majority owner-occupied, has a large retiree population, has a median income above the national average, 79.6% of residents hold a bachelor's degree or higher.

Population
4,436
Median income
$191,229
Median age
53.9
Age distribution
15.1%
12.6%
23.4%
25.8%
23.1%
Under 1815.1%
18–3412.6%
35–5423.4%
55–6425.8%
65+23.1%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
91%
White91%
Hispanic5.9%
Asian2%
Other0.9%
Education (25+)
17.2%
79.6%
HS diploma3.1%
Some college17.2%
Bachelor's+79.6%
Housing tenure
100%
Owner100%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Castle Pines, CO has changed in 5 years

Income
$186,976 → $191,229
up 2.3%
Population
11,296 → 4,436
down 60.7%
Renter share
10.9% → 0%
-10.9 pts
Bachelor's+
70.8% → 79.6%
+8.8 pts
Median age
43.2 → 53.9
+10.7 yrs

Household income in the area moved from $186,976 to $191,229 across the same window, up 2.3% versus 2021. The population has contracted by 60.7% since 2021, moving from about 11,296 residents to roughly 4,436. Renters now make up 0% of households, compared with 10.9% five years ago. College-educated residents now make up 79.6% of adults here, versus 70.8% in 2021.

Community

Discussions about Castle Pines

No discussions yet. Start the conversation.

View Castle Pines rent history (2015–2026) →
Salary vs rent

Can you afford rent in Castle Pines on your salary?

At $2,603/mo, how Castle Pines rent compares to typical pay (30% rule).

By apartment size

Castle Pines rent by bedroom count

Median rent for each apartment size in Castle Pines. Click any size for full breakdown.

Local insights

Tips for renters in Castle Pines

About renting in Castle Pines, CO

Last updated: July 20, 2026

The median rent in Castle Pines is $2,603/mo as of July 2026. A studio apartment averages $1,820/mo while a 2-bedroom runs $2,380/mo. One-bedroom apartments average $1,990/mo and 3-bedroom units go for $3,110/mo.

At 16% of local median household income ($191,229/yr), Castle Pines ranks as affordable compared to the national benchmark of 30%. Rents have decreased 16.8% over the past year.

FAQ

Frequently asked questions

Is Castle Pines an affordable city for renters?

Castle Pines is considered very affordable for renters. At $2,603/mo, rent takes approximately 16% of the local median household income ($191,229/yr). The standard benchmark is 30%. Castle Pines falls comfortably within that range.

How much income do you need to rent in Castle Pines?

To keep rent at or below 30% of gross income, you would need to earn at least $104,000/year (~$50/hour full-time) to afford the median rent of $2,603/mo in Castle Pines. The local median household income is $191,229/yr, meaning the typical Castle Pines household meets that threshold.

Is rent going up or down in Castle Pines?

Rent in Castle Pines has decreased 16.8% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Castle Pines rent compare to other cities in Colorado?

Castle Pines is one of the pricier cities in Colorado for rent, ranking #12 out of 66 tracked cities at $2,603/mo.

Which nearby cities are cheaper to rent in than Castle Pines?

Several nearby cities have lower median rents than Castle Pines ($2,603/mo): Cherry Creek ($1,894/mo), Meridian ($1,940/mo), Lone Tree ($2,011/mo).

How does Castle Pines rent compare to the national average?

Castle Pines's median rent of $2,603/mo is $638 (32%) above the US national median of $1,965/mo. Within Colorado, it ranks #12 out of 66 tracked cities.
Income Affordability
16%
VERY AFFORDABLE

At $2,603/mo, rent takes ~16% of Castle Pines's median household income ($191,229/yr). The standard benchmark is 30%.

Castle Pines 16%Benchmark 30%
State income tax4.4%
Run the Castle Pines affordability calculator →
Lowest-rent ZIP codes in Castle Pines
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Castle Pines, CO

Recent submissions

Be the first to submit your rent for Castle Pines.

Recent discussions

No discussions yet.